Yingli and Heraeus Sign PV Technology Cooperation Agreement

9:44 AM MDT | May 14, 2012 | Lindsay Frost

Yingli Green Energy (Baoding, China) has signed a $70 million cooperation and supply agreement with the Heraeus group (Hanau, Germany) to advance photovoltaic (PV) technology, specifically to reduce the cost-per-watt of solar cells to an industry benchmark low. Under the one-year agreement, the leading global vertically integrated PV manufacturer will work with the precious metal and technologies group to develop state-of-the-art silver metallization paste for its high efficiency N-type silicon solar cells, or PANDA. The group will dedicate R&D resources...